A Study On Profitability And Solvency Position Of Bharat Petroleum Corporation Ltd In India

Abstract

The oil and gas industry is amongst the six core industries in India. This industry is a major factor for the growth being witnessed in the Indian economy today. The natural gas and petroleum sector, which is inclusive of refining, transportation, and marketing of these products, contributes about 15% to India's GDP. This paper aims to know the profitability position and to measure the solvency position of Bharat petroleum limited in India. The study limited to ten years from 2009-2010 to 2018-2019. The result of the study reveals that the profitability position of the company is satisfactory during the study period.